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Reneo Pharmaceuticals, Inc., a clinical-stage pharmaceutical company, focuses on the development of therapies for patients with rare genetic mitochondrial diseases. It develops REN001, a selective peroxisome proliferator-activated receptor delta agonist, which is in Phase IIb clinical trial in patients with primary mitochondrial myopathies, as well as in Phase 1b clinical trial in patients with long-chain fatty acid oxidation disorders and glycogen storage disease type V. Reneo Pharmaceuticals, Inc. was incorporated in 2014 and is headquartered in San Diego, California.

Reneo Pharmaceuticals Dividend Announcement

• Reneo Pharmaceuticals does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Reneo Pharmaceuticals dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Reneo Pharmaceuticals Dividend History

Reneo Pharmaceuticals Dividend Yield

Reneo Pharmaceuticals current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Reneo Pharmaceuticals stock? Use our calculator to estimate your expected dividend yield:

Reneo Pharmaceuticals Financial Ratios

P/E ratio-10.76
PEG ratio-0.78
P/B ratio7.91
ROE-62.53%
Payout ratio0.00%
Current ratio57.86
Quick ratio57.86
Cash Ratio26.68

Reneo Pharmaceuticals Dividend FAQ

Does Reneo Pharmaceuticals stock pay dividends?
Reneo Pharmaceuticals does not currently pay dividends to its shareholders.
Has Reneo Pharmaceuticals ever paid a dividend?
No, Reneo Pharmaceuticals has no a history of paying dividends to its shareholders. Reneo Pharmaceuticals is not known for its dividend payments.
Why doesn't Reneo Pharmaceuticals pay dividends?
There are several potential reasons why Reneo Pharmaceuticals would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Reneo Pharmaceuticals ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Reneo Pharmaceuticals has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Reneo Pharmaceuticals a dividend aristocrat?
Reneo Pharmaceuticals is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Reneo Pharmaceuticals a dividend king?
Reneo Pharmaceuticals is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Reneo Pharmaceuticals a dividend stock?
No, Reneo Pharmaceuticals is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Reneo Pharmaceuticals stocks?
To buy Reneo Pharmaceuticals you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Reneo Pharmaceuticals stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.